Marathon Petroleum Corp (MPC)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 6,381,000 | 7,420,000 | 10,343,000 | 11,368,000 | 13,645,000 | 16,029,000 | 18,443,000 | 23,607,000 | 21,283,000 | 18,329,000 | 12,851,000 | 5,371,000 | 3,757,000 | 2,527,000 | 919,000 | 623,000 | -2,600,000 | -1,343,000 | 625,000 | 1,606,000 |
| Revenue (ttm) | US$ in thousands | 139,304,000 | 142,172,000 | 147,831,000 | 146,457,000 | 148,615,000 | 152,199,000 | 156,954,000 | 174,807,000 | 178,327,000 | 173,847,000 | 160,551,000 | 136,047,000 | 120,451,000 | 103,033,000 | 87,972,000 | 70,457,000 | 69,896,000 | 79,918,000 | 90,070,000 | 105,214,000 |
| Operating profit margin | 4.58% | 5.22% | 7.00% | 7.76% | 9.18% | 10.53% | 11.75% | 13.50% | 11.93% | 10.54% | 8.00% | 3.95% | 3.12% | 2.45% | 1.04% | 0.88% | -3.72% | -1.68% | 0.69% | 1.53% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $6,381,000K ÷ $139,304,000K
= 4.58%
The operating profit margin of Marathon Petroleum Corp has shown considerable fluctuations over the period from March 31, 2020, to December 31, 2024.
- The margin started at 1.53% in March 2020, then dropped to 0.69% in June 2020, and turned negative in the following quarters. This negative trend continued until December 2021, when it reached its lowest point at -3.72%.
- However, from March 2021 onwards, there was a significant improvement in the operating profit margin. It gradually increased to reach 4.58% by December 2024.
- Noteworthy peaks were observed in June 2022 and March 2023, where the margin reached 8.00% and 13.50% respectively.
- Despite some fluctuations, the trend overall shows a positive trajectory, with the operating profit margin consistently improving from negative figures in 2021 to positive values in 2024, indicating better operational efficiency and profitability for Marathon Petroleum Corp.
Overall, the analysis suggests that Marathon Petroleum Corp has been able to enhance its operating profitability over the specified period, with a general positive trend in its operating profit margin.
Peer comparison
Dec 31, 2024
See also:
Marathon Petroleum Corp Operating Profit Margin (Quarterly Data)